Word: supercar
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Dates: during 1990-1999
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Detroit's drive for smart cars is getting a boost from Washington, which has joined it in a $1 billion Supercar program. The goal: development of a joint prototype vehicle that will achieve fuel economies of 80 m.p.g. by 2004 "while maintaining performance and cost of owning today's cars." Since internal-combustion engines, no matter how efficient and sensor studded, are unlikely to attain so high a gas mileage, the Supercar partnership is looking elsewhere. Aided by scientists at the U.S. National Laboratories, it is exploring such power sources as fuel cells and gas turbines, along with such energy...
...Three have formed an unusual consortium -- fueled by federal funds that may reach $100 million annually -- to develop an advanced battery, which is the key to building a truly marketable electric car. Their cooperation has led to speculation that they may even jointly build some kind ( of national supercar, but that would only delay their product design teams and defy their own fierce competitive traditions. Ford and Chrysler have already begun delivery of experimental electric-powered vans, mainly to public utility customers. They have seen the future, and it doesn't come with a fuel tank...